Pre-Market Stock News (May 24, 2007)
(AMD) Advanced Micro Devices subpoenas Intel’s lawyers in case.(ANN) Ann Taylor $0.46 EPS vs $0.46e.(BRLC) Syntax-Brillian priced 25.6 million shares at$5.75 per share.(CVTX) CV Therapeutics is lowering its operating expenses of $275-285M to a new range of $200-210M.(DNDN) Dendreon trading…
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(AMD) Advanced Micro Devices subpoenas Intel’s lawyers in case.
(ANN) Ann Taylor $0.46 EPS vs $0.46e.
(BRLC) Syntax-Brillian priced 25.6 million shares at$5.75 per share.
(CVTX) CV Therapeutics is lowering its operating expenses of $275-285M to a new range of $200-210M.
(DNDN) Dendreon trading down 3% on JMP Securities downgrade.
(EXEL) Exelixis filed IND application for XL019 as a novel anticancer compound targeting the JAK/STAT signaling pathway.
(GM) GM will take a $7 Billion charge on helping Delphi emerge from bankruptcy.
(HPQ) H-P settles SEC charges over director resignation.
(HRL) Hormel $0.49 EPS vs $0.51e; lowered 2007 guidance.
(KEYS) Keystone Automotive $0.64 EPS vs $0.60e.
(LTD) Limited $0.13 EPS vs $0.13e; down from 0.25 year ahead; announced a $500M share buyback plan.
(NM) Navios Maritime priced 11.5M shares in a secondary at $10.00.
(NTAP) Network Appliances traded down almost 20% after lower guidance on earnings.
(TOL) Toll Brothers $0.22 EPS vs $0.15e, but that is before a $0.40+ charge.
(TTEK) Tetra Tech traded up on Cramer interview of CEo.
(VMSI) Ventana is in long-term collaboration pact with Genentech.
(ZUMZ) Zumiez traded down 3%after earnings.
Jon C. Ogg
May 24, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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